Kód: 04598056
With the restructuring of world production and the phenomenal increase in international finance, the early post-war emphasis on stability has shifted increasingly to policies which favour competitiveness and efficiency. The reacti ... celý popis
3313 Kč
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With the restructuring of world production and the phenomenal increase in international finance, the early post-war emphasis on stability has shifted increasingly to policies which favour competitiveness and efficiency. The reaction to the debt crisis of the 1980s, the spread of the market model and the globalisation of goods and financial markets have created a more conducive framework for capital movements. In practice it has become difficult to separate balance of payments assistance from structural adjustment and development finance. This book addresses the adaptation of international monetary arrangements to the rapidly changing environment but pays particular attention to developments in capital markets and their effects on financial flows to developing countries. If nothing else, the debt crisis proved how difficult it is for governments, multi-lateral financial institutions, banks and private investors to work at cross purposes. The book is an attempt to understand the forces driving the flow of capital from a development perspective and the institutional responses to the challenges posted to outdated structures and policies.
Zařazení knihy Knihy v angličtině Economics, finance, business & management Economics International economics
3313 Kč
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